Javelin: Brownfields Gold
Exploration in WA
- Two brownfields gold exploration projects on granted Mining Licences ~50km either side of
Kalgoorlie: Eureka to the north, Coogee to the south
- Existing Resource of 112,000oz at Eureka and 126,685oz at Coogee2
- Drilling has intersected extensive mineralisation outside the resources; mineralisation remains
open
- Heritage survey now completed at Eureka with Javelin’s maiden drilling program starting in
April; historical drill intercepts include 4m @ 134.52g/t Au, 3m @ 48.75 g/t Au and 4m at
32.08g/t Au 1
- First Coogee drilling delivered high grade results in February 2024, including -
o 10m @ 4.55 g/t underneath the Coogee Pit,
o 5m @ 14.22 g/t and 3m @ 2.31% Cu
- Eureka work programs underway for near term production opportunity
- Clear strategy to create shareholder value through exploration and resource growth
- Close to several processing plants, providing a pathway to cashflow
- Market cap of just $18m providing significant leverage to exploration success and near term
cashflow potential
JAV Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
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